Hopefully I could then partner with them on a deal once I have gained enough "know how" and they trust me enough to let me take over the operations of a deal.

Writing an article on how Multifamily operators are managing Airbnb in their properties.

During the first year of ownership, the Smith’s building delivers the following financial performance: Total Rental Income $ 40,780 Less Mortgage Payments $ 16,210 Gross Income $ 24,570 Less Operating Expenses $19,836 Net Cash flow $ 4,734(Here is the first of the shortcuts: the above mortgage payments of $16,210 include the principal as well as the interest.

The Civil Rights Commission will assign an investigator to see if there is cause for a charge - they do not operate on a "guilty until proven innocent" basis.

This question is for those who operate or have an understanding of residential assisted living facility, residential care homes, RALF, RCH, etc., as a business specifically, not the underlying real estate. 1. 

I have to disagree with you on this one while I operate currently under my personal name and have an umbrella policy, the article you linked explained the benefits of not doing a LLC from the perspective of being a owner occupant.

See what real investors have to say.Visit/Tour: Even just asking about coming to see the operation can give you a ton of info on how they actually handle customer service.

So if your house will make you 1k per month or 12k per year, the Net Operating Income is 6k per year. take the NOI and subtract your principal and interest payment from that.

In other terms, if you plan on holding this long-term, you're essentially front-loading your mortgage costs with a 10-15 year loan.

From this you would deduct your allowable operating costs (legal, administrative, servicing, etc) and the remainder would be your net income.